Neovasc Inc (NVCN)

[Don]

BSX offering...
The Company intends to use the net proceeds from the offering to (i) finance a portion of its previously announced proposed acquisition of BTG plc (the "BTG Acquisition"), (ii) redeem its 6.000% notes due January 2020 and its 2.850% notes due May 2020 (collectively, the "2020 Notes"), of which $850 million aggregate principal amount and $600 million aggregate principal amount, respectively, were outstanding as of the date of the aforementioned offering, (iii) repay amounts outstanding under its $1.0 billion Term Loan facility maturing August 2019, which bore interest at an annual rate of LIBOR plus 0.65%, (iv) repay other short term debt and (v) pay related fees, expenses and premiums.